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KY Unemployment Rate Rises in November

Kentucky’s seasonally adjusted preliminary unemployment rate increased to 10.2 percent in November 2010 from a revised 10 percent in October 2010, according to the Office of Employment and Training (OET), an agency of the Kentucky Education and Workforce Development Cabinet.

The November 2010 jobless rate is .5 percentage points lower than the 10.7 percent rate recorded in November 2009 for the state. The 10.2 percent rate recorded in November 2010 is the highest rate since May 2010 when it was 10.4 percent.

“In November 2010, Kentucky’s economy sputtered, as the unemployment rate climbed to 10.2 percent. However, a portion of that increase is attributed to a rise in the number of entrants and re-entrants into the civilian labor force,” said Dr. Justine Detzel, OET chief labor market analyst.

The U.S. seasonally adjusted jobless rate increased from 9.6 percent in October 2010 to 9.8 percent in November 2010, according to the U.S. Department of Labor.

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